[Shengxin Lithium Energy: Net profit in the first three quarters was 1.232 billion yuan, a year-on-year increase of 263.76%] On October 26, Shengxin Lithium Energy (002240.SZ) announced that its third-quarter revenue was 4.268 billion yuan, a year-on-year increase of 188.22%; net profit was 220 million yuan, a year-on-year increase of 148.26%. Revenue in the first three quarters was 11.626 billion yuan, a year-on-year increase of 275.69%; net profit was 1.232 billion yuan, a year-on-year increase of 263.76%. During the reporting period, affected by factors such as the industry's supply and demand pattern, the market price of lithium salt products increased significantly compared with the same period last year; the company continued to optimize production efficiency, implement cost control and efficiency enhancement, and significantly released the production capacity of the Indonesian lithium salt factory. In the first three quarters, the company's lithium salt products achieved both volume and price increases, and operating performance improved significantly compared with the same period last year. Xiaocai Note: The company’s Q3 net profit was 220 million and Q2 net profit was 548 million. Based on this calculation, Q3 net profit dropped 59% month-on-month.